The conversation around risk management and risk mitigation takes on a different slant, as well as increased urgency, when it occurs in the context of ESG (Environmental, Social and Governance) considerations. Connect CRE recently sounded out Joe DiTizio, associate director of client services at EBI Consulting, on the subject of what risk management entails in an ESG context. In the video below, he addresses how his company works with clients in these matters. 

“When we talk with our clients about risk, the first thing we want to know is, what’s the motivating factor for starting to incorporate this into their decision-making?”DiTizio tells Connect VP Sarah Quinn. For example, is it about understanding risk and improving their bottom line? 

DiTizo also addresses how EBI helps clients identify and quantify risk and whether they then have a clearer understanding of how to take action; how risk management is shaping client actions; whether ESG goals have led clients to be more proactive with risk management; whether clients can perform risk mitigation in-house or need to outsource it; and what the ROI proposition is in risk mitigation.